Institution record
WELTRADE
Systemgates Ltd
- Source score
- 5.0
- Source exposures
- 1
- Comments
- 0
Licence records
Licences within our coverage (firms with licence warnings, enforcement flags or complaints) are listed first. Check each one on the regulator's own register.
Peer source record comparison
Compare imported fields for WELTRADE and other records in our firms with licence warnings, enforcement flags or complaints dataset. These are not independent audit findings.
| Institution | Primary regulators | Regulated / total | Risk classification | Source score | Source exposures |
|---|---|---|---|---|---|
| WELTRADE (this record) | FSCANBRB | 0 / 2 | Risk level not supplied | 5.0 | 1 |
Financial Conduct AuthorityFSCACYSEC | 1 / 3 | Risk level not supplied | 6.0 | 0 | |
FSCAFinancial Conduct AuthorityFSA+3 | 4 / 6 | Risk level not supplied | 7.0 | 1 | |
Financial Conduct AuthorityFSRALabuan FSA+1 | 3 / 4 | Risk level not supplied | 7.0 | 0 | |
FSCACYSEC | 1 / 2 | Risk level not supplied | 5.0 | 0 | |
FSCAVFSC | 1 / 2 | Risk level not supplied | 5.0 | 2 |
WELTRADE: institutional due diligence FAQ
Key supervisory, licensing, and counterparty verification questions generated from the dataset.
What is WELTRADE's regulatory licence status and supervisory authorisation?
The imported dataset contains 2 licence entries associated with WELTRADE (legal entity reference: Systemgates Ltd); 0 are labelled "regulated" and 0 are labelled regulated or registered: FSCA (Financial Sector Conduct Authority) — licence 50691, status: exceeded scope; NBRB (National Bank of the Republic of Belarus) — licence 192727233, status: revoked. These fields are not independent confirmation of current authorisation. Check the exact contracting entity and registration number on the official FSCA, NBRB public register.
Which of WELTRADE's jurisdictions and licences fall within this site's regulatory coverage?
This directory focuses on firms with licence warnings, enforcement flags or complaints. 2 of WELTRADE's 2 licence records fall directly within this jurisdictional mandate: FSCA (licence 50691, exceeded scope, entity: WELTRADE SA (PTY) LTD); NBRB (licence 192727233, revoked, entity: LLC SystemGates Limited (LLC SystemGates Limited)). Always confirm whether client money segregation and statutory investor compensation schemes apply to the specific subsidiary onboarding your account.
What is WELTRADE's institutional risk classification, enforcement exposure, and score profile?
WELTRADE carries a "risk level not supplied" classification in the source dataset, alongside composite 5-dimension ratings out of 10 (overall: 5.0, risk & licensing: 5.0, brand: 5.0, market influence: 5.0, user reputation: 0.0). The imported source lists 1 exposure entry and 2 licence records with elevated status flags (FSCA: exceeded scope, NBRB: revoked), plus 1 translated complaint case in this slice. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.
What operational due diligence steps apply to WELTRADE's platforms, entity structure, and complaints?
Before allocating capital or executing trades with WELTRADE (listed execution software: MT4, MT5), institutional and retail allocators should: (1) confirm the domain (not supplied in source) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 1 source exposure entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to FSCA.